HECM endorsements fell very slightly in November, but still managed to get closest to the total from a year earlier that volume has been since March.
With a more favorable comparison than we’ve had for several months, some areas had an easier time showing growth and made further gains against their year ago levels:
- Washington state grew 4.5% vs. the first 11 months of last year, to 1,252 loans
- Maricopa county in AZ grew 3.2% to 1,022 loans
Find out where else HECMs are growing in our full report by clicking the image below.